- This topic has 140 replies, 15 voices, and was last updated 16 years ago by peterb.
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January 22, 2008 at 1:07 PM #141139January 22, 2008 at 1:08 PM #14082334f3f3fParticipant
If you’ve hidden your assets you probably need to disappear as well. Seven years is not long, so if you are young you can start again. Better to try and patch up the problem, as you both may be better off staying together. If you have been screwed over by your wife, and there is a lot at stake Swiss Banks offer anonymity. Placing your assets into an offshore trust, means that you no longer own them. They are costly and of course irrevocable. Panamanian Foundations are similar to trusts, but with anything like this you have to think it through carefully. And everything leaves a paper trail.
January 22, 2008 at 1:08 PM #14104734f3f3fParticipantIf you’ve hidden your assets you probably need to disappear as well. Seven years is not long, so if you are young you can start again. Better to try and patch up the problem, as you both may be better off staying together. If you have been screwed over by your wife, and there is a lot at stake Swiss Banks offer anonymity. Placing your assets into an offshore trust, means that you no longer own them. They are costly and of course irrevocable. Panamanian Foundations are similar to trusts, but with anything like this you have to think it through carefully. And everything leaves a paper trail.
January 22, 2008 at 1:08 PM #14106234f3f3fParticipantIf you’ve hidden your assets you probably need to disappear as well. Seven years is not long, so if you are young you can start again. Better to try and patch up the problem, as you both may be better off staying together. If you have been screwed over by your wife, and there is a lot at stake Swiss Banks offer anonymity. Placing your assets into an offshore trust, means that you no longer own them. They are costly and of course irrevocable. Panamanian Foundations are similar to trusts, but with anything like this you have to think it through carefully. And everything leaves a paper trail.
January 22, 2008 at 1:08 PM #14109034f3f3fParticipantIf you’ve hidden your assets you probably need to disappear as well. Seven years is not long, so if you are young you can start again. Better to try and patch up the problem, as you both may be better off staying together. If you have been screwed over by your wife, and there is a lot at stake Swiss Banks offer anonymity. Placing your assets into an offshore trust, means that you no longer own them. They are costly and of course irrevocable. Panamanian Foundations are similar to trusts, but with anything like this you have to think it through carefully. And everything leaves a paper trail.
January 22, 2008 at 1:08 PM #14114534f3f3fParticipantIf you’ve hidden your assets you probably need to disappear as well. Seven years is not long, so if you are young you can start again. Better to try and patch up the problem, as you both may be better off staying together. If you have been screwed over by your wife, and there is a lot at stake Swiss Banks offer anonymity. Placing your assets into an offshore trust, means that you no longer own them. They are costly and of course irrevocable. Panamanian Foundations are similar to trusts, but with anything like this you have to think it through carefully. And everything leaves a paper trail.
January 22, 2008 at 1:12 PM #140828PCinSDGuestNeetaT,
Divorces suck. Getting caught committing fraudulent transfers (“hiding assets”) during a divorce sucks even worse. Don’t even think about it. If you’ve made up your mind to end the marraige, so be it. I’m assuming if counseling was an option you’ve already thought of it or tried it. Make the break as cleanly as you can. Suggest the use of a mediator rather than have separate attorney’s rack up the fees unnecessarily. Then get in the best shape of your life, make a pile of money and start dating. Best of luck,
pabloesqobar
January 22, 2008 at 1:12 PM #141052PCinSDGuestNeetaT,
Divorces suck. Getting caught committing fraudulent transfers (“hiding assets”) during a divorce sucks even worse. Don’t even think about it. If you’ve made up your mind to end the marraige, so be it. I’m assuming if counseling was an option you’ve already thought of it or tried it. Make the break as cleanly as you can. Suggest the use of a mediator rather than have separate attorney’s rack up the fees unnecessarily. Then get in the best shape of your life, make a pile of money and start dating. Best of luck,
pabloesqobar
January 22, 2008 at 1:12 PM #141068PCinSDGuestNeetaT,
Divorces suck. Getting caught committing fraudulent transfers (“hiding assets”) during a divorce sucks even worse. Don’t even think about it. If you’ve made up your mind to end the marraige, so be it. I’m assuming if counseling was an option you’ve already thought of it or tried it. Make the break as cleanly as you can. Suggest the use of a mediator rather than have separate attorney’s rack up the fees unnecessarily. Then get in the best shape of your life, make a pile of money and start dating. Best of luck,
pabloesqobar
January 22, 2008 at 1:12 PM #141095PCinSDGuestNeetaT,
Divorces suck. Getting caught committing fraudulent transfers (“hiding assets”) during a divorce sucks even worse. Don’t even think about it. If you’ve made up your mind to end the marraige, so be it. I’m assuming if counseling was an option you’ve already thought of it or tried it. Make the break as cleanly as you can. Suggest the use of a mediator rather than have separate attorney’s rack up the fees unnecessarily. Then get in the best shape of your life, make a pile of money and start dating. Best of luck,
pabloesqobar
January 22, 2008 at 1:12 PM #141150PCinSDGuestNeetaT,
Divorces suck. Getting caught committing fraudulent transfers (“hiding assets”) during a divorce sucks even worse. Don’t even think about it. If you’ve made up your mind to end the marraige, so be it. I’m assuming if counseling was an option you’ve already thought of it or tried it. Make the break as cleanly as you can. Suggest the use of a mediator rather than have separate attorney’s rack up the fees unnecessarily. Then get in the best shape of your life, make a pile of money and start dating. Best of luck,
pabloesqobar
January 22, 2008 at 1:55 PM #140853patientrenterParticipantcontraman, not paying any taxes on the gain on sale of the properties, and transferring all the monies over to your 410k plan, is perfectly justified as long as your 401k plan was the legal owner of the properties.
How did your 401k take tax deductions on the interest and other expenses of property ownership before you sold? And how did you get a bank to lend money to your 401k to buy it in the first place?
I am fascinated by the idea that every wealthy person in the US is doing this, whatever THIS is.
Patient renter in OC
January 22, 2008 at 1:55 PM #141078patientrenterParticipantcontraman, not paying any taxes on the gain on sale of the properties, and transferring all the monies over to your 410k plan, is perfectly justified as long as your 401k plan was the legal owner of the properties.
How did your 401k take tax deductions on the interest and other expenses of property ownership before you sold? And how did you get a bank to lend money to your 401k to buy it in the first place?
I am fascinated by the idea that every wealthy person in the US is doing this, whatever THIS is.
Patient renter in OC
January 22, 2008 at 1:55 PM #141093patientrenterParticipantcontraman, not paying any taxes on the gain on sale of the properties, and transferring all the monies over to your 410k plan, is perfectly justified as long as your 401k plan was the legal owner of the properties.
How did your 401k take tax deductions on the interest and other expenses of property ownership before you sold? And how did you get a bank to lend money to your 401k to buy it in the first place?
I am fascinated by the idea that every wealthy person in the US is doing this, whatever THIS is.
Patient renter in OC
January 22, 2008 at 1:55 PM #141119patientrenterParticipantcontraman, not paying any taxes on the gain on sale of the properties, and transferring all the monies over to your 410k plan, is perfectly justified as long as your 401k plan was the legal owner of the properties.
How did your 401k take tax deductions on the interest and other expenses of property ownership before you sold? And how did you get a bank to lend money to your 401k to buy it in the first place?
I am fascinated by the idea that every wealthy person in the US is doing this, whatever THIS is.
Patient renter in OC
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